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Author Question: Northern Electric Co-op has variable expenses of 25% of sales and monthly fixed expenses of ... (Read 345 times)

cabate

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Northern Electric Co-op has variable expenses of 25% of sales and monthly fixed expenses of $285,000.  The monthly target operating income is $75,000.


What is the monthly margin of safety as a percentage of target sales in dollars at Northern Electric Co-op?
◦ 47.9
◦ 38.5
◦ 59.4
◦ 20.8


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Marked as best answer by cabate on Jan 5, 2020

yuyiding

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cabate

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Reply 2 on: Jan 5, 2020
Wow, this really help


ghepp

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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